From the Editor's Desk Helicopter money is a reference to an idea made popular by the American economist Milton Friedman in 1969. The basic principle is that if a central bank wants to raise inflation and output in an economy that is running substantially below potential, one of the most effective tools would be simply to give everyone direct money transfers. In other words, print more money and give it to the people. In theory, people would see this as a permanent one-off expansion of the amount of money in circulation and would then start to spend more freely, increasing broader economic activity and pushing inflation back up to the central bank's target. Direct transmission could be more effective than QE, which relies on trickle-down effects from financial markets and doesn't expand the overall money supply. Prolonged QE has probably set the foundation for the next asset bubble already. The challenge is that if helicopter money works, governments will be tempted to use this even in good times, leading to chances of hyperinflation - Comment
Uber vs. Uber's clones: Infographic These days, watching Uber’s quest for global expansion and competitors’ attempts at one-upping the American company is a bit of a reality show itself. Uber has many rivals – Tracxn has to slip in a disclaimer that it only included three clones per geography – but there’s still plenty of money to be made in the business.
Ecommerce in India; Flipkart loss Rs 2000 cr, Amazon India loss Rs 1723.6 cr, Snapdeal loss Rs 1328.01 cr; discounts fall Ecommerce in India: Top cos awash in losses; Flipkart loss Rs 2,000 cr, Amazon India loss Rs 1,723.6 cr, Snapdeal loss Rs 1,328.01 cr; big online retailers like Flipkart, Amazon India, Snapdeal, Myntra, Jabong and Shopclues, among others, are waking up to the harsh realities of business. Offering discounts for the past few years might have got them loyal customers, but the mounting losses are now too big to ignore, not to mention the heat from investors breathing down their necks. That means there is more bad news for the consumers, as discounts are expected to show a fall across the board.
The Digital India opportunity for Indian Telecom operators The Indian telecom services industry is consistently plagued with scarcity & high cost of spectrum, resulting in serious cost challenges in expanding quality networks. It is worth noting that for every 10% increase in mobile penetration there is a 1.2% increase in GDP.
IDBI Bank claims strike failed, unions say near success Chennai, March 25 (IANS) The decision to strike work for four days starting March 28 by some young officers in the IDBI Bank has put even seasoned bank union leaders in a spot, who stress that there is no split in the bank officers union.
Young startup leaders lead from the front Leadership experts say leading in startups and leading in large established organisations are two different ballgames. In startups, everyone has high energy and high level of excitement.
Very cheap, low-range electric cars key for China, India: Nissan CEO Ghosn Carlos Ghosn, who runs automakers Nissan and Renault, is one of the few auto executives who'll regularly take questions from a roomful of more than 100 journalists. At last week's New York Auto Show, many of the questions concerned plans by the Renault Nissan Alliance for more and higher-volume...
GVK divests 33% stake in Bengaluru airport to Fairfax at INR 2149 cr Airport operator GVK Power & Infrastructure Ltd has sold a 33 per cent stake in Bengaluru airport to Canada's Fairfax Financial Holdings to reduce debt, the company said in a statement on Monday. Fairfax will pay $322.75 million for the stake, GVK said in a statement to the stock exchange.
How to fix your leaky marketing or sales funnel : Report Your company blog gets 10,000 visits per month. Of these, 2,000 visitors sign-up for your email newsletter. However, only 18 sign up for the free trial and only 12 end up purchasing your product. What does all of this mean? It means that your sales/marketing funnel is leaking. says ,
To The Lahore Victims: Grief And Prayers Are All I Have, Forgive Me The posters we share, the solidarity profile pictures, or the quotes we retweet--do they give recourse or relief to the children brutally awakened from the innocent bliss of childhood to face the grim reality of the world we live in; to the mother who lost her toddler son; to the man who lost his companion of decades; to the families whose celebration turned into loss because one man decided blowing up a park is what God wants.